Cyberport’s rapid growth includes over 270 Web3 enterprises and initiatives for real-world blockchain applications in Hong Kong.
The Hong Kong Monetary Authority (HKMA) has warned the public about two foreign-based crypto companies allegedly misrepresenting themselves as banks. The firms were found to have used the term “bank” when describing their products and services, poten
Hong Kong’s central bank said that it’s illegal for unlicensed companies to represent themselves as banks in Hong Kong.
The Hong Kong Monetary said two overseas crypto firms have misrepresented themselves as banks but did not disclose their names.
As bitcoin prices continue to reach new highs, the prices of related spot exchange-traded funds (ETFs) have surged significantly. According to the Hong Kong Stock Exchange, the three spot Bitcoin ETFs listed in Hong Kong recorded a trading volume of
Circle has plans to expand to Hong Kong, drawing on the region’s regulatory clarity. The USDC issuer is also neck-deep in pushing for an IPO. Circle Internet Financial, the firm behind the USDC stablecoin, recently disclosed its plans to expand into
Circle plans to bolster its foothold in Southeast Asia, with Hong Kong’s stablecoin roadmap incentivizing the firm’s proposed business expansion.
Victims of ‘Hong Kong’s FTX’ take aim at $29M seized by police, central bankers bash stablecoins, crypto scammers busted over luxury condo.
This was the first case against JPEX, which operated in Hong Kong without a license.
HKEX, a major global exchange group, is launching a new index series for Bitcoin and Ethereum to provide a transparent and reliable benchmark for pricing these cryptocurrencies in the Asian time zone. The index series adheres to EU regulations and ai
Hong Kong Exchanges and Clearing Ltd. announced that the “HKEX Virtual Asset Index Series” will go live on Nov. 15.
A Hong Kong woman lost $12K in a crypto exchange scam after waiting hours for a promised cash handoff that never arrived. Hong Kong Woman Scammed in Crypto Exchange Scheme Hong Kong authorities are investigating a cryptocurrency scam reported by a wo
[PRESS RELEASE – Miami, Florida, October 25th, 2024] Valhalla, Floki’s PlayToEarn Massively Multiplayer Online Role-Playing Game (MMORPG) blockchain game, has teamed up with the Hong Kong International Cricket Sixes as its official partner, marking t
Hong Kong is sharpening its focus on virtual asset trading and digital financial systems, local media reported on Oct. 23, citing Financial Secretary for Services and the Treasury Christopher Hui. Speaking at the Asia-Pacific Fintech Innovation Lab 2
Hong Kong police have dismantled a deepfake romance scam that swindled men out of $46 million through fake cryptocurrency investments. According to a local report, law enforcement in Hong Kong cracked down on a multinational crypto romance scam, whic
Hong Kong regulators will align their crypto OTC derivatives reporting with ESMA's standards, including the use of Digital Token Identifiers.
As enthusiasm surrounding the introduction of spot Ethereum and Bitcoin ETFs in the United States continues to grow, Hong Kong has embarked on its journey to establish a spot ETF market for these digital assets. However, the performance of these exch
Blockdaemon's head of international said his team is working with Hong Kong spot crypto ETF issuers to develop staking solutions.
East Asia’s cryptocurrency market is experiencing significant growth, driven by institutional adoption in South Korea and Hong Kong, according to a report by blockchain analytics firm Chainalysis. South Korea leads with $130 billion in on-chain value
Hong Kong’s 86% year-over-year crypto transaction growth is impressive. Chainalysis reports that Hong Kong leads Eastern Asia in crypto adoption following this rise. The region ranks 30th in digital currency adoption internationally, indicating its p